- Jubilant FoodWorks in talks to transfer Dunkin India franchise to Inspire Brands before December, ET reports
- Inspire Brands acquired Dunkin US in 2020 and plans to sell India franchise rights to another partner
- Jubilant FoodWorks will exit Dunkin India franchise after its 15-year deal ends in December 2025
Jubilant FoodWorks, the brand behind Domino's Pizza and Popeyes in India, is currently in talks with $32.6 billion US-based Inspire Brands of the doughnut and coffee chain, Dunkin. The Indian QSR giant is planning to hand over Dunkin' India franchise to Inspire, which is the parent company of Dunkin', before its 15-year deal formalises in December this year, according to a report from The Economic Times.
Inspire Brands had acquired US-based Dunkin in 2020, while JFL had acquired Dunkin's franchise rights in India directly from its then-owner, Dunkin' Donuts 15 years ago.
Once the deal gets formalised, Inspire Brands is planning to sell the India franchise rights to another potential local franchise partner.
It appears Inspire Brands is no longer interested in managing a Dunkin' franchise, which has yet to permeate the Indian market despite the recent proliferation of Western desserts and baker's. Therefore, the company, which already has a presence in India through Graviss Group, which operates the Baskin Robbiins chair of ice-cream and cakes.
Meanwhile, JFL, which is the largest food services chain in India, had said in an exchange filing on March 30 that it will exit its India franchise with Dunkin' after the pact ends on December 31.
As of Dec 2025, JFL only had 27 Dunkin' stores in India, having shut down seven stores in just the past year. Dunkin' contributed just 0.61% to JFL's revenue in 2024/25, when the business incurred a loss of nearly Rs 19.1 crore.
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